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The High Value Of Tax Expertise: What Every CFO Needs To Know | TaxConnections
Over the years, we have been retained by hundreds of CFOs to locate lead tax executives for their tax organizations. We have learned valuable lessons along the way we would like to share with you. As a CFO, you are an Officer of the company with primary responsibility for managing the company’s capital structure, finances, financial reporting and planning, record keeping and mitigating financial risks. The best CFOs in the world understand the importance of the tax organization in mitigating risks. We have observed that CFOs who work closely with their tax executives are working as a team to mitigate risk to the company; and CFOs who have their tax executive reporting to anyone other than a CFO is often missing opportunities to mitigate risk.